Concert tickets are sold £.ther at $100 or at $60 each, and the revenue from the sale of these tickets is the same as if all tickets were sold at $90. What is the ratio of the number of $100 tickets sold to the number of $60 tickets sold?
Q. Concert tickets are sold £.ther at $100 or at $60 each, and the revenue from the sale of these tickets is the same as if all tickets were sold at $90. What is the ratio of the number of $100 tickets sold to the number of $60 tickets sold?
Define Variables: Let's call the number of $100 tickets x and the number of $60 tickets y. The total revenue from x tickets at $100 each is 100x, and the total revenue from y tickets at $60 each is 60y. If all tickets were sold at $90 each, the total revenue would be x1. So, the equation is x2.
Simplify Equation: Now, let's simplify the equation. Distribute the 90 on the right side to get 100x+60y=90x+90y.
Isolate Variables: Subtract 90x and 60y from both sides to isolate the variables on one side. We get 100x−90x+60y−60y=90x−90x+90y−60y, which simplifies to 10x=30y.
Solve for x: Divide both sides by 10 to simplify the ratio. We get x=3y.
Final Ratio: The ratio of $100 tickets to $60 tickets is x:y, which is 3y:y. Simplify the ratio by dividing both terms by y to get 3:1.
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